Strategic Giving
Also, depending on your giving objectives, we can be far more strategic when it comes to charitable planning. By gifting low basis, appreciated shares of stock, you are not only able to obtain the full deduction for the value of the holding, but you may also avoid unrealized capital gains on the holdings that are gifted. This is a commonly overlooked strategy which, if you are charitably inclined, can have a significant impact on your tax exposure over time.